CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. You want to wait until at least $10 for the dividend payout ratio gets close to 10% otherwise youre just throwing away money, This man so bearish starting to look like one even. Your status will be reviewed by our moderators. Natural Gas: If Chase Lower Is Done, How Quickly to the Top? I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. Economic Events and content by followed authors, It's Here: the Only Stock Screener You'll Ever Need, Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting This ETF. Benzinga does not provide investment advice. The information is collected and refined using Benzinga Pro's News Tool. A $0.55 per contract fee applies for certain options trades. Tags Stephen Weiss CNBC Benzinga. Stop listening to these guys and invest in broadmarket etfs. Are you sure you want to delete this chart? Short Hills Capital's Steve Weissshared Monday on CNBC's "Fast Money Halftime Report"that he is adding to hisModerna Inc (NASDAQ:MRNA) stock position. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. 2007-2023 Fusion Media Limited. November 01, 2022. The commentary delivered by hosts of the show often moves the stocks mentioned. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. If you have a 30 year horizon who cares? Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. Jeremy Grantham says we're headed for sp500 2500 most likely. It also gives a nice stash in case I see an interesting entry-level on the positions Im eyeing so that's just extra icing on the cake. I'm weighted towards msft aapl GOOGL and UNH mostly. Jan 25, . %USER_NAME% was successfully added to your Block List. Even after Moderna's strong move to the upside this year, it's still the least expensivestock in Weiss's portfolio on both current and future earnings, he told CNBC. Ever wonder what Steve Weiss does in his spare time? We want to hear from you. The information is collected and refined using Benzinga Pros News Tool. SVFA Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. @wallstreetmooc. STEPHEN L. WEISS has spent nearly twenty-five years on Wall Street working for some of the industry's most prestigious firms including Salomon Brothers, SAC Capital, and Lehman Brothers (he played no role in its demise). Jeremy Grantham is like the boy who cried wolf. I enjoy watching the halftime show and getting the opinions of some others. All Rights Reserved. BioNTech reported quarterly earnings of $12.97 per share, which beat the estimate of $8.91 per share. I hate takes like this because why protect urself with cash if ur this sure of a bear market? Losses can potentially exceed the initial required deposit. . Benzinga does not provide investment advice. Benzinga Pro traders use to win in the markets everyday. Weiss told CNBC that he thinks Moderna's stock can go up another 500% from its current levels and trade such asAmazon.com, Inc.(NASDAQ:AMZN) "because it's a technology company nota biotech. Stephen L. Weiss is an active investor, public speaker and the author of UNHedged: A Novel About A Killing in the Market, released in December 2012. . The price is inflation risk and market premium. Please note that all comments are pending until approved by our moderators. buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. Want EXCLUSIVE stories originated by Benzinga reporters? If youd like to learn more about the course, heres a link to a video intro: www.youtube.com/watch?v=SOt_F4ig4j4#t=40, Link to the Wall Street MOOC course: http://firstbusinessmooc.org/wall-street/, Verification: https://twitter.com/stephenLweiss/status/436195940483874816. This headline only article is a sample of real-time intelligence by Benzinga Newsdesk, Benzinga Staff Writer. Well be covering everything from stocks and bonds to the role of financial instruments (Ex: options and derivatives). Gamer X @GamerX1414 . New comments cannot be posted and votes cannot be cast, http://firstbusinessmooc.org/wall-street/, https://twitter.com/stephenLweiss/status/436195940483874816. An explanatory brochure is available upon request or at www.sipc.org. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. 3. Investors should consider their investment objectives and risks carefully before investing. XLE was launched on Dec 16, 1998 and is managed by State Street. Benzinga Pro traders use to win in the markets everyday. Benzinga does not provide investment advice. Detailed Profile of WEISS ASSET MANAGEMENT LP portfolio of holdings. On CNBC, Steve Weiss said his new buy is Porsche (OTC: POAHY) . For access. Sign up to create alerts for Instruments, Create an account to follow your favorite communities and start taking part in conversations. I'm thinking next month the market could sell off 50 to 70% from here and I can pick up some deals on MSFT GOOGL NVDA and stuff. Webull Financial LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Tue, Jul 6 202112:47 PM EDT RELATED 02:19 Short. Click here to find out! Check out our wiki to learn more! This headline only article is a sample of real-time intelligence I heard Weiss keeps matchbox cars in his ass for safe keeping. The sell-off is a buying opportunity for. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. I'm 50/50 right now simply because I don't feel comfortable in the current environnement. Join 10,000+ serious traders in the Benzinga Pro community! Goldman Sachs' bad quarter is the result of environmental factors, says Steve Weiss CNBC We don't think we're going to have a soft landing, says Cantor Fitzgerald's Eric Johnston Relevant regulatory and exchange fees may apply. 2023 Benzinga.com. The AMA is set to start at 4:00 pm. Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. and sign up for the mooc. The value of securities may fluctuate and as a result, clients may lose more than their original investment. He has turned bearish after getting creamed on Moderna and a few others. Please ensure that you fully understand the risks involved before trading. Will Oil Stocks Once Again Lead The Market As Inflation Eases? Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . The right strategy is heavily dependent on you and your current life circumstances. Never miss a trade again with the fastest news alerts in the world! Options trading entails significant risk and is not appropriate for all investors. Get this delivered to your inbox, and more info about our products and services. LinkedIn is the world's largest business network, helping professionals like Steve Weiss discover inside connections to recommended job . Stephen L. Weiss is an active investor, public speaker and the author of UNHedged: A Novel About A Killing in the Market, released in December 2012. I may miss gains for sure, but it gives me peace of mind to know that half my liquidities are "safe" from any fuck up and that, to me, is priceless. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. View Steve Weiss' professional profile on LinkedIn. After four years, he headed out in different directions from the organization and joined SAC Capital Advisors. you're drunk if you think the market will drop 50-70%. Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners LLC, an alternatives investment fund manager. A former tax attorney, Steve has been in . "I think this company is going to do extremely well," said Weiss. Amongst those changes were Jumia Technologies JMIA . Today, I'm looking to talk with anyone interested in financial markets. Affirm Holdings (AFRM) Confirms Earlier Earnings Leak; Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings . Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. Volkswagen is said to be preparing its Porsche IPO, according to reports. During his tenure in research sales, he was responsible for developing investment ideas for many legendary investors including Soros Funds, Tiger Management, SAC Capital, where he subsequently worked, Omega Advisors and Kingdon Capital as well as many mutual funds. Let me know if you think Im buying in to high, Apple $17? Moderna announced today that itsCOVID-19 vaccine wasgranted provisional registration by the AustralianTherapeutic Goods Administration. Bryn Talkington. He stated that it's the Amazon.com of Africa and that this is a long-term position for him, and not just a trade. Does anybody else have similar cash positions right now? By doing so, you and %USER_NAME% will not be able to see Join 10,000+ serious traders in the Benzinga Pro community! Weiss is bullish on Jumia. Please go look at put premiums right now, it's literally just as risky to be a bear as a bull right now because of implied movements in both directions Aside from the general advice of dont ask Reddit about big financial decisions, its impossible to give any decent answer without knowing more about you. Cookie Notice Inflation is Slowing, But is it Enough to Slow the Fed? He has to hit targets for his clients who have different objectives than you. It may therefore take some time before it appears on our website. 2023 Benzinga.com. the only cash position ill have is from my paychecks that come in while i build back up my E-Fund. The commentary delivered by hosts of the show often moves the stocks mentioned. No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase or sale of securities, options, or other investment products. once again mentions POAHY for his pick !!!!! 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. That puts it at a 1 P/E. Privacy Policy. EDIT: thanks everyone. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Want the fastest, most accurate stock market intelligence? Never miss a trade again with the fastest news alerts in the world! Support: 888-992-3836 Home NewsWire Subscriptions Login/Register . Want the fastest, most accurate stock market intelligence? All Rights Reserved. CNBC's 'Halftime Report' investment committee, Steve Weiss, Shannon Saccocia, Jim Lebenthal, Joe Terranova and Brian Belski, discuss the risk-reward in stocks after a cooling December CPI. All rights reserved. CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. Should I up to 50% cash? We're not likely going to have a banking failure and worst case this is gonna go away in 2-5 years. AMA Hi Reddit, I'm Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBC's Halftime report. Rivian Automotive, Pioneer Natural Resources, Cleveland-Cliffs And This Aerospace & Defense ETF On CNBC's 'Final Trades', Delta Air Lines, Msci And This Japanese Stock On CNBC's 'Final Trades', Arista Networks, Zoetis And This Airline Stock On CNBC's 'Final Trades', Alibaba, Deere, Cheniere Energy, And This Fund On CNBC's 'Final Trades', Martin Marietta Materials, Rivian Automotive And This Cybersecurity Company Releasing Earnings Today: CNBC's 'Final Trades', Bunge, Ardagh Metal Packaging And This Soft Drink Giant On CNBC's 'Final Trades', Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On CNBC's 'Final Trades', Kohl's, T Rowe Price, Rocket Lab USA, And This Tech Giant Feature On CNBC's 'Final Trades', Uber Technologies, Eagle Materials, Albemarle And This Cybersecurity Company Feature On CNBC's 'Final Trades', Advance Auto Parts, MasTec, Bank of America And This ETF Are CNBC's 'Final Trades', Citigroup, Live Nation Entertainment, Chevron And This Major ETF On CNBC's 'Final Trades', Charles River Laboratories, AbbVie, Star Bulk Carriers And This Big Bank Are CNBC's 'Final Trades', Cognex, Altria Group, Kinder Morgan And This Energy Giant: CNBC's 'Final Trades', Delta Air Lines, American Tower, Rocket Lab USA, D.R. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Webull Pay LLC. Click here to find out! 2023 CNBC LLC. The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors, Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates. It is like everything he touches turns to crap or he is late to the show and just rides them down. Press J to jump to the feed. USD, Old Economy Investing is Back: Sector ETFs to Win, Energy stocks have been at this discount to the broader market just 5% of the time, strategist says, VettaFi Voices On: The 2023 Outlook for Commodities, 4 Sectors Warren Buffett Loves: ETFs in Focus, Forget Tech Drag, Buy Sector ETFs Supporting S&P 500 Earnings, Invest Like Warren Buffett With These ETFs, Global Markets Wrap: Russia Cuts Oil Production, UK Avoids Recession, ETF Asset Report of Last Week: Value Tops, Energy ETFs in Focus Post Exxon, Chevron Q4 Earnings, Oil Services ETFs in Focus on Strong Q4 Earnings, Chevron ETFs to Buy on Buyback & 6% Dividend Hike, 5 Sector ETFs to Play on Upbeat Q4 Revenue Growth. Visit Author Central to update your books, profile picture, and biography. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. Buy in more if you have the cash. Stockpennies: Steve Weiss on CNBC. On CNBC: Contributor Stephen Weiss Says Bought Porche SE. 100% OWNER OF UNITED ASSET MANAGEMENT UK HOLDINGS LIMITED: indirect: 1996-09-01: 2003-11-18: ARTISAN PARTNERS LIMITED PARTNERSHIP: LIMITED PARTNER OF SUTTER HILL PARTNERS L.P. indirect: 1998-01-01: Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. UNHedged, the author's first work of fiction, follows two extremely well accepted investment books: The Big Win: Learning from the Legends to Become a More Successful Investor (Wiley, 2012) and The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors (Wiley, 2010). SHCP opened to outside investors in 2014. Do Not Sell My Personal Data/Privacy Policy. With that said I would put a wager on the fact that Weiss has the worst return rates of all their guests. There is no panacea that works for every investor. Send us comments about our Author Pages. CNBCs "Fast Money: Halftime Report" delivers market-moving news to investors. Please refer to our Fee Schedule for more details. He was WRONg. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. Today, Im looking to talk with anyone interested in financial markets. If you need the money now and are about to retire then sure you can lower your risk. PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; 2023 Benzinga.com. Benzinga Pro users can access this information by using the News tool on any workstation. ABBV. He is currently a Senior Managing Director and Partner at Leerink Swann, LLC, an investment bank. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Wheat: Whats Good for Inflation Isnt Good for the Bulls, iShares Core FTSE 100 UCITS ETF GBP (Dist), Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06. Tue, Dec 29 20154:00 PM EST. Please read the Characteristics and Risks of Standardized Options before trading options. View and manage who you follow on Amazon. Track record of significant success as an investor and in investment management, in public and private markets; senior leadership positions; built new and restructured underperforming businesses;. Weiss told CNBC he sold a portion of his position after the stock rallied Tuesday, but Moderna remains a "very large position" in his portfolio. Im looking forward to my first AMA and your questions. At last check Monday, the stock was up 16.84% at $483.61. Tickers FBC HON NYCB SGEN. Starting on Monday February 24th Ill be teaching the first ever massive open online course (MOOC) on finance with my colleague, Shelly Lombard. 70%? Eventually you could sell what u perceive as expensive and keep stocks you believe are undervalued. Replace the attached chart with a new chart ? Those aren't all undervalued but they're pretty stable. Press question mark to learn the rest of the keyboard shortcuts. Crypto trading only available to US residents. You need to complete an options trading application and get approval on eligible accounts. Steve's Professional Career: Steve Liesman is the senior economic reporter who serves for CNBC Network. Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. There's no shame in going heavy in cash if you are bearish but 70% is pretty much COVID 2 plus world war 3, There are those who think that all growth for the past decade+ has been completely irrational or inflated. -0.57%. 70% decline for the S&P gets us back to 2011 levels. Want EXCLUSIVE stories originated by Benzinga reporters? Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

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